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Coin Edition 2025-01-14 11:01:06

Crypto Experts Back Bitcoin Growth as Strategic Buys Increase

Binance co-founder CZ highlighted the importance of market dips during a broader bullish market. Price corrections are normal for Bitcoin, claims Fundstrat’s Tom Lee. Crypto Fear and Greed Index has turned to Neutral from last week’s Greed. Changpeng “CZ” Zhao, co-founder and former CEO of Binance, recently sent a message to his 9.4 million followers on X (formerly Twitter). The crypto entrepreneur encouraged investors to “buy the dip” and seize opportunities during market downturns. As per the data from CoinMarketCap, Bitcoin had plummeted by as much as $89,940 on January 13th, its lowest price since November 2024. Bearish BTC predictions have surfaced, with some analysts forecasting a drop to $70,000 in the short term, though they remain bullish long-term. Related: Bitcoin Price Crash? Arthur Hayes Predicts March Meltdown In an X post , CZ reminded investors that when the market rebounds, they’ll wish they had bought BTC earlier and ignored the FUD. He stressed the importance of holding assets and buying more during dips, essentially taking action when opportunities arise. “Today is earlier than all the days to come,” CZ stated, concluding his post… The post Crypto Experts Back Bitcoin Growth as Strategic Buys Increase appeared first on Coin Edition .

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